DENVER (Oct. 23, 2015) – The Colorado Division of Insurance (DOI), a division of the Department of Regulatory Agencies (DORA), has approved 1,073 health insurance plans from 20 carriers to offer health coverage to consumers and small businesses for 2016. As in past years, consumers have many plans to choose from, with a number of plan types and premiums available.

“Consumers should take the time to shop to find a plan that fits their needs,” said Commissioner of Insurance Marguerite Salazar.

Three carriers from the current year will not be offering plans in 2016, and three new carriers have entered the market for 2016.

Did you know that most Americans must have health insurance now or pay a penalty?

If you don’t have health insurance, you could be eligible for Medicaid, which has open enrollment year-round. And if you make too much money for Medicaid, the Connect for Health Colorado marketplace can help you learn if you qualify for federal assistance. Open enrollment at Connect for Health Colorado starts November 1, so now is a great time to start researching your options.

After January 31 you won’t be able to get financial assistance at Connect for Health Colorado until the next open enrollment period unless you have a qualifying life event. See the FAQs below for more details: